Saks CEO Stephen Sadove Sells Shares

Retailer's chairman and ceo sold 100,000 shares of common stock on Wednesday, according to a SEC filing Thursday.

SADOVE’S STOCK SALE: According to a Securities and Exchange Commission filing Thursday, Saks Inc. chairman and chief executive officer Stephen I. Sadove sold 100,000 shares of Saks common stock on Wednesday, with a weighted average price of $11.64. That would amount to almost $1.2 million. The shares were sold in multiple transactions at prices ranging from $11.49 to $11.81. According to the filing, Sadove still beneficially owns 816,733 shares of Saks common stock.

load comments


Sign in using your Facebook or Twitter account, or simply type your comment below as a guest by entering your email and name. Your email address will not be shared. Please note that WWD reserves the right to remove profane, distasteful or otherwise inappropriate language.
blog comments powered by Disqus